Winmark Co. (NASDAQ:WINA) Shares Sold by Millennium Management LLC

Millennium Management LLC lowered its stake in Winmark Co. (NASDAQ:WINA - Free Report) by 65.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 1,522 shares of the specialty retailer's stock after selling 2,830 shares during the quarter. Millennium Management LLC's holdings in Winmark were worth $598,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Avantax Advisory Services Inc. lifted its holdings in Winmark by 6.8% in the 4th quarter. Avantax Advisory Services Inc. now owns 641 shares of the specialty retailer's stock valued at $252,000 after purchasing an additional 41 shares in the last quarter. Cavalier Investments LLC lifted its holdings in Winmark by 2.8% in the 4th quarter. Cavalier Investments LLC now owns 1,742 shares of the specialty retailer's stock valued at $685,000 after purchasing an additional 48 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Winmark by 3.9% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,659 shares of the specialty retailer's stock valued at $652,000 after purchasing an additional 62 shares in the last quarter. Mariner LLC lifted its holdings in Winmark by 10.0% in the 4th quarter. Mariner LLC now owns 866 shares of the specialty retailer's stock valued at $340,000 after purchasing an additional 79 shares in the last quarter. Finally, Anchor Capital Advisors LLC lifted its holdings in Winmark by 2.4% in the 4th quarter. Anchor Capital Advisors LLC now owns 3,467 shares of the specialty retailer's stock valued at $1,363,000 after purchasing an additional 80 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company's stock.

Winmark Stock Performance

Shares of WINA stock traded down $2.87 on Wednesday, hitting $424.33. 341,933 shares of the stock traded hands, compared to its average volume of 49,761. The firm's 50-day moving average price is $383.27 and its two-hundred day moving average price is $374.90. The stock has a market capitalization of $1.50 billion, a PE ratio of 38.97 and a beta of 0.61. Winmark Co. has a twelve month low of $295.79 and a twelve month high of $437.44.

Winmark (NASDAQ:WINA - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The specialty retailer reported $2.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.74 by ($0.03). The company had revenue of $21.92 million during the quarter, compared to analysts' expectations of $20.91 million. Winmark had a net margin of 49.15% and a negative return on equity of 93.24%. During the same quarter last year, the firm posted $2.41 earnings per share.

Winmark Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Wednesday, May 14th were paid a dividend of $0.96 per share. The ex-dividend date of this dividend was Wednesday, May 14th. This is a positive change from Winmark's previous quarterly dividend of $0.90. This represents a $3.84 dividend on an annualized basis and a yield of 0.90%. Winmark's dividend payout ratio is 34.32%.

Insiders Place Their Bets

In other Winmark news, CFO Anthony D. Ishaug sold 4,000 shares of the business's stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $425.95, for a total transaction of $1,703,800.00. Following the sale, the chief financial officer now directly owns 56,683 shares in the company, valued at $24,144,123.85. This represents a 6.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 10.10% of the company's stock.

Winmark Profile

Winmark Corporation, a resale company operates as a franchisor for small business in the United States and Canada. The company franchises retail stores concepts that buy, sell and trade merchandise. It also operates middle-market equipment leasing business. In addition, the company buys and sells used clothing and accessories geared toward the teenage and young adult market under Plato's Closet brand; and operates stores which buys and sells used and new children's clothing, toys, furniture, equipment, and accessories primarily to parents of children ages infant to 12 years under the Once Upon A Child brand.